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2023
Flag → Flag
Exports $940MRnk 54 / 216
2023
Flag → Flag
Top Product $283MDiamonds
2023
Flag → Flag
Exports $664MRnk 23 / 150
2023
Flag → Flag
Top Product $458MDiamonds
2023
Flag
Economic Complexity (ECI) ECI 0.15Rnk 54 / 132
2023
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Economic Complexity (ECI) ECI 1.28Rnk 19 / 132
2023
Flag  
GDP$514BCURRENT US$
Rnk 27 / 195
2013-2023
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GDP GROWTH28.5%CURRENT US$
Rnk 118 / 195
2023
Flag
 GDP$514BCURRENT US$
Rnk 28 / 195
2013-2023
Flag
GDP GROWTH72.6%CURRENT US$
Rnk 38 / 195
2023
Flag
GDP PC $49,041CURRENT US$
Rnk 27 / 195
2013-2023
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GDP PC GROWTH-5.73%CURRENT US$
Rnk 161 / 195
2023
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GDP PC$52,642CURRENT US$
Rnk 24 / 196
2013-2023
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GDP PC GROWTH42.5%CURRENT US$
Rnk 56 / 195

About

United Arab Emirates-Israel Trade: In 2023, United Arab Emirates exported $940M to Israel. The main products that United Arab Emirates exported to Israel were Diamonds ($283M), Gold ($205M), and Broadcasting Equipment ($61.2M). Over the past 11 years the exports of United Arab Emirates to Israel have increased at an annualized rate of 42.4%, from $19.2M in 2012 to $940M in 2023.

In 2023, United Arab Emirates did not export any services to Israel.

Israel-United Arab Emirates Trade: In 2023, Israel exported $664M to United Arab Emirates. The main products that Israel exported to United Arab Emirates were Diamonds ($458M), Chlorides ($23.3M), and Broadcasting Equipment ($18.7M). Over the past 11 years the exports of Israel to United Arab Emirates have increased at an annualized rate of 536%,  from $64k in 2012 to $664M in 2023.

In 2007, Israel exported services to United Arab Emirates worth $1M, with Personal, cultural, and recreational services ($1M) and Construction services ($2k) being the largest in terms of value.

Comparison: In 2023,  United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15), and 21 in total exports ($357B). That same year, Israel ranked 19 in the Economic Complexity Index (ECI 1.28), and 49 in total exports ($69.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Arab Emirates exported $940M to Israel. The main products exported from United Arab Emirates to Israel were Diamonds ($283M), Gold ($205M), and Broadcasting Equipment ($61.2M). During the last 11 years the exports of United Arab Emirates to Israel have increased at an annualized rate of 42.4%, from $19.2M in 2012 to $940M in 2023.

In 2018, Israel exported $664M to United Arab Emirates. The main products exported from Israel to United Arab Emirates were Diamonds ($458M), Chlorides ($23.3M), and Broadcasting Equipment ($18.7M). During the last 5 years the exports of Israel to United Arab Emirates have increased at an annualized rate of 536%, from $64k in 2023 to $664M in 2018.

Exports from United Arab Emirates (Flag) to Israel (Flag) (2023)

Exports from Israel (Flag) to United Arab Emirates (Flag) (2023)

Latest Data

Trade between United Arab Emirates (Flag) and Israel (Flag)

Israel Exports

Market Competitiveness

Color
United Arab Emirates
Top DestinationChina$40.2B
Israel
Top DestinationUnited States$20.3B

This map shows whether countries import more from United Arab Emirates or Israel. Each country is colored based on the difference in imports they receive from United Arab Emirates and Israel or the difference in the growth in imports.

In 2023, countries that imported more from United Arab Emirates than Israel included India ($38.2B), Japan ($37.4B), and China ($40.2B).

In 2023, countries that imported more from Israel than United Arab Emirates included United States ($20.3B), Ireland ($4.22B), and Cyprus ($671M).

Difference in imports from Israel (Flag) and United Arab Emirates (Flag) (2023)

Comparative Advantage United Arab Emirates - Israel

Flow
Scale

This chart compares trade between United Arab Emirates and Israel by product, considering products traded by both, United Arab Emirates and Israel.

During 2023, United Arab Emirates had a large net trade with Israel in the exports of Precious Metals ($495M), Metals ($115M), and Machines ($99.3M).

During 2018, Israel had a large net trade with United Arab Emirates in the exports of Precious Metals ($464M), Machines ($89M), and Chemical Products ($44.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Arab Emirates Israel+$89.6MRefined Petroleum
Top Product Potential Israel United Arab Emirates+$32.1MDiamonds

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of United Arab Emirates and Israel. This means that a dot/product with the flag of United Arab Emirates indicates it has a comparative advantage over Israel. Similarly, a dot/product with the flag of Israel indicates it has a comparative advantage over United Arab Emirates.

Product Space of United Arab Emirates (Flag) and Israel (Flag) (2023)

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